SunSirs: Cost Support Still Existed, DBP Price Fluctuated and Became Stable
November 25 2022 13:57:07 SunSirs (John)
The price of plasticizer DBP fluctuated and stabilized this week
According to the data monitoring of SunSirs, as of November 24, the DBP price was 9,800 RMB/ton, which was stable compared with the price of 9,800 RMB/ton on November 18. Raw material support remained, and DBP prices were strong and stable this week.
The price of DBP raw materials fluctuated and stabilized
According to the price monitoring of SunSirs, as of November 24, the price of phthalic anhydride was 8,887.50 RMB/ton, down 2.87% from the price of 9,150 RMB/ton on November 18. This week, the phthalic anhydride plant was restarted, with sufficient supply and weak demand. The phthalic anhydride price fell, and the downward pressure on DBP remained.
According to the price monitoring of SunSirs, as of November 24, the price of n-butanol was 7,566.67 RMB/ton, up 2.25% from 7,400 RMB/ton on November 18. The trading atmosphere of n-butanol in the market was stable, the industry remained strong, the price of n-butanol rose in shock, and the support for DBP cost rise remained.
Market outlook
According to the DBP data analysts of SunSirs, the price of raw material phthalic anhydride fell in shock, while the price of n-butanol rose in shock. The overall cost of DBP raw materials stabilized, and the DBP cost support remained. It is expected that the DBP price will stabilize in shock in the future.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2024-02-22 SunSirs: On February 21st, the DBP Market in the Domestic Market Remained Temporarily Stable
- 2024-02-20 SunSirs: Costs Rose, Supply Increased, and DBP Prices Weakly Consolidated
- 2024-02-19 SunSirs: On February 18th, the Domestic DBP Market Was Temporarily Stable
- 2024-02-06 SunSirs: Cost Supported, DBP Prices Were Consolidating at High Levels in January
- 2024-01-19 SunSirs: On January 18th, the Domestic DBP Market Stabilized
